36 Market Place Loughborough Leicestershire LE11 3EB

36 Market Place
Loughborough
Leicestershire
LE11 3EB

Freehold Retail Investment

Let to C. & J. Clark International Limited T/A Clarks on a Renewed lease (subject to option)
Rent Rebased from £74,500 pax
Prime Pedestrianized Town Centre location
Opposite the main entrance to Carillon Court Shopping Centre
Neighbouring occupiers include Primark, Superdrug, Boots the Chemist, Caffè Nero, Costa Coffee, Odeon Cinema and Greggs

Lot
27
Auction
15th December 2022
Rent
£50,000 per Annum Exclusive
Status
Withdrawn Post
Price
Auction Venue
Live Streamed Auction

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Freehold Retail Investment

Let to C. & J. Clark International Limited T/A Clarks on a Renewed lease (subject to option)
Rent Rebased from £74,500 pax
Prime Pedestrianized Town Centre location
Opposite the main entrance to Carillon Court Shopping Centre
Neighbouring occupiers include Primark, Superdrug, Boots the Chemist, Caffè Nero, Costa Coffee, Odeon Cinema and Greggs

Lot 27
Auction 15th December 2022
Rent £50,000 per Annum Exclusive
Status Withdrawn Post
Price
Sector
High Street Retail
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 12 miles south of Nottingham, 10 miles north of Leicester, 40 miles north-east of Birmingham
Roads: A6, A60, A512, M1 (Junction 23)
Rail: Loughborough Railway Station
Air: Birmingham Airport

Situation

The property is situated in the heart of the town centre on the east side of the pedestrianised Market Place, close to its junction with Market Yard. The property benefits from being directly opposite the main entrance to Carillion Court Shopping Centre and being two shops from Primark, Other neighbouring occupiers include Superdrug, Boots the Chemist, Caffè Nero, Costa Coffee and Greggs.

Tenure

Freehold.

Location

Miles: 12 miles south of Nottingham, 10 miles north of Leicester, 40 miles north-east of Birmingham
Roads: A6, A60, A512, M1 (Junction 23)
Rail: Loughborough Railway Station
Air: Birmingham Airport

Situation

Tenure

Freehold.

Description

The property comprises retail accommodation the ground and ancillary accommodation first floors. The property also benefits from loading to the rear.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

Band F

Description

The property comprises retail accommodation the ground and ancillary accommodation first floors. The property also benefits from loading to the rear.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

Band F

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m (1)	Floor Areas (Approx sq ft) (1)	Tenant	Term	Rent p.a.x.	Reversion
Ground First	Retail Ancillary	171.35 96.05	(1,844) (1,034)	C. & J. CLARK INTERNATIONAL LIMITED (CRN 00141015) (t/a Clarks) (1)	5 years from 29/09/2021 (2)	£50,000	29/9/2026
Total		276.40	(2878)			£50,000

(1) For the year ending 29th January 2022 C&J Clark International limited (CRN 00141015) reported a turnover of £511,900,000, a pre tax profit of £12,700,000 and a Net Worth of £85,200,000
(Northrow Company Report)
(2) The Lease provides for tenant option to determine the lease on 29/09/2024 subject to serving 6 months notice

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.